Focal Communications Corporation
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Focal Communications Corporation - overview
Established
1996
Location
Chicago, IL, US
Primary Industry
Marketing/Advertising
About
Focal Communications Corporation is a telecommunications company specializing in integrated communication solutions designed to enhance connectivity and operational efficiency for businesses. Founded in 1996 in Chicago, US, Focal Communications Corporation focuses on providing telecommunication services. The company was acquired by Broadwing Communications LLC in September 2004. Over its operational history, Focal has completed 8 deals, with its most recent deal occurring on July 28, 1999, where it raised USD 210.
00 mn through a TRADE SALE, marking a significant financial milestone. Focal specializes in high-fidelity audio solutions, offering a diverse range of products designed to deliver exceptional sound quality. Their core offerings include high-fidelity speakers, headphones, home cinema systems, and integrated audio solutions, catering to both consumer and professional markets. Focal also provides customized audio solutions for automotive applications, allowing users to build tailored audio systems compatible with various vehicle brands and models.
Their products are engineered to achieve superior audio performance, making them suitable for audiophiles and professionals alike. The company primarily serves markets in Europe, North America, and Asia, where their commitment to innovation and quality resonates with a clientele that values premium sound experiences. In the most recent year reported, Focal generated revenue of USD 328,538,000. The EBITDA recorded for the same year was USD -257,140,000.
Revenue is derived through direct sales of audio products and partnerships with retailers and automotive manufacturers, with flagship products including the Utopia series speakers and high-fidelity headphones positioned as premium offerings in the audio market. Focal Communications Corporation plans to leverage its resources for upcoming product launches and market expansions. Although specific new products and release dates are not mentioned, the company aims to build on its existing audio solutions. The recent funding raised will be utilized to enhance product development and explore new geographical markets, specifically targeting expansions into Asia and Europe by the end of 2023.
The last significant financial activity was in July 1999, when Focal raised USD 129. 35 mn through an IPO, selling shares at USD 13 each.
Primary Industry
Marketing/Advertising
Sub Industries
Public Relations & Communications
Website
www.focal.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Focal Communications Corporation - financials
| Fiscal Year Ended | Dec 31, 2001 | Dec 31, 2002 |
|---|---|---|
| Revenue (USD) | - | - |
| % Revenue Growth (YoY) | - | - |
| EBITDA (USD) | - | - |
| Operating Income (USD) | - | - |
| Operating Margin | - | - |
| % EBITDA Margin | - | - |
| NET Income (USD) | - | - |
| % Net Margin | - | - |
Focal Communications Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Focal Communications Corporation | - | ||||||||
| Growth | Completed | Focal Communications Corporation | - | ||||||||
| Trade Sale | Completed | Focal Communications Corporation | - | ||||||||
| Growth | Completed | Focal Communications Corporation | - | ||||||||
| Buyout | Completed | Focal Communications Corporation | - |
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Focal Communications Corporation - employee data
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